Vitalik: Ethereum itself must pass the test of being "able to withdraw at any time"

ETH-5,04%

PANews January 12th News, Ethereum co-founder Vitalik Buterin posted on X platform stating that Ethereum itself must pass the test of being “able to be detached at any time.” Ethereum’s positioning is to become an ideal habitat for various trustless and minimally trusted applications, whether in finance, governance, or other industries. It should support applications that are more like “tools,” rather than “services” that become completely useless if the provider stops maintenance. Even if some applications do rely on certain functions of the provider, Ethereum should minimize this dependency as much as possible and protect users to the greatest extent when dependencies fail. However, if the underlying protocol itself depends on the continuous updates of a “provider” (even if this “provider” is the collaborative process of all core developers) to maintain usability, then building the aforementioned ideal applications becomes impossible. The Ethereum blockchain itself must possess the characteristics we expect its applications to have. Therefore, Ethereum must pass the test of being “able to be detached at any time.”

This means that Ethereum should reach a stage where we can “solidify it when needed.” We do not need to stop modifying the protocol, but we must ensure that Ethereum’s value proposition no longer strictly depends on any features not yet incorporated into the protocol. This includes the following aspects: fully quantum-resistant capabilities, scalable high-performance architecture, a state architecture that can last for decades, a generalized account model, a reliable gas pricing mechanism resistant to denial-of-service attacks, an economic model based on long-term experience with proof-of-stake, a block construction model that resists centralization pressures and ensures censorship resistance. Ideally, in the coming years, we should work towards a stage where almost all future innovations can be achieved through client-side optimization and reflected in the protocol through parameter changes. Each year, we should complete at least one of these goals, preferably multiple. Based on a deep understanding of doing the right thing, doing things thoroughly in one go (rather than taking temporary compromise solutions), in the long run, this approach maximizes Ethereum’s technical and social robustness.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

ETH breaks through 2200 USDT, with the 24-hour drop narrowing to 2.67%

Gate News message, April 12, market data shows that ETH broke through 2200 USDT, now reported at 2200.3 USDT, and the 24-hour decline has narrowed to 2.67%.

GateNews1h ago

Ethereum falls below $2,200; 24-hour drop of 1.86%

Gate News message, April 12, market data shows that Ethereum has fallen below the $2,200 level, with a 24-hour drop of 1.86%.

GateNews8h ago

ETH 跌破 2200 USDT

Gate News bot 消息,Gate 行情显示,ETH 跌破 2200 USDT,现价 2194.07 USDT。

CryptoRadar8h ago

Ethereum Foundation Dumps $2.8M ETH for DAI, Halts Staking

The Ethereum Foundation converted 1,250 ETH into $2.80 million in DAI and ceased staking activities shortly after a record $46M stake. This shift, without public explanation, raises questions about their treasury management strategy and priorities.

LiveBTCNews11h ago

BTC is quoted at about $71,646, up about 6.1% from $76,000; ETH is quoted at about $2,215

Gate News update, April 12, BTC’s current price is about $71,646, up about 6.1% from $76,000; ETH’s current price is about $2,215, up about 8% from $2,400.

GateNews12h ago
Comment
0/400
No comments